$118,475
SOLD MAR 21, 2025

429 N East St Tipton, IN 46072

4 Beds
3 Baths
1,896 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

86% Below List Price

3 Days on Market

About This Home

As of March 2025

Perfect addition to your investment portfolio! This 1.5-story multi-family property with 3 units, and on/off street parking is part of a package that includes 5 multi-family properties in the charming town of Tipton. Package includes this property plus 216 E Madison St (22016093), 443 N East St (22016095), 606 East Jefferson (22016101) and 627 N Main St (22016103). All 16 units are currently leased, providing immediate income. Whether you're a seasoned investor or just getting started, don't miss this package opportunity to earn rental income and grow your equity on this as-is sale! List price reflects the 5 property package.

Last Agent to Sell the Property

Rachael Burt

F.C. Tucker Company Brokerage Email: rburt@talktotucker.com License #RB15001149

F.C. Tucker Company

Co-Listed By

Ellen Orzeske

F.C. Tucker Company Brokerage Email: rburt@talktotucker.com License #RB17000778

Last Buyer's Agent

Charise Goodnight

Re/Max Realty One

Re/Max Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1925

Parking

  • 1 Car Detached Garage

Home Design

  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1.5-Story Property
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • The owner pays for all utilities, taxes
  • Tax Lot 80-11-11-506-035.001-002
  • Assessor Parcel Number 801111506035001002
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,336

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1925
  • Co List Office Phone: 317-259-6000
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 39492
  • MBR_AttributionContact: rburt@talktotucker.com
  • Attribution Contact: rburt@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One and One Half
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Owner Pays: All Utilities, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 868000
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 8525

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4356
  • Parcel Number: 801111506035001002
  • Acres: <1/4 Acre
  • Price Acre: 1184750

Green Features

  • Green Certification Y N: No

Multi Family

  • Net Operating Income: 9835
  • Gross Income: 18360
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2336
  • Tax Lot: 80-11-11-506-035.001-002
  • Semi Annual Property Tax Amt: 1168

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $118,475 -86.4% $62 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $868,000 -- $458 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,520 $126,000 $8,100 $117,900
2023 $2,336 $116,800 $8,100 $108,700
2022 $2,092 $104,600 $8,100 $96,500
2021 $1,882 $94,100 $7,200 $86,900
2020 $1,846 $89,800 $7,200 $82,600
2019 $1,758 $85,400 $7,200 $78,200
2018 $1,686 $81,800 $7,200 $74,600
2017 $1,366 $65,800 $6,400 $59,400
2016 $1,394 $67,200 $6,400 $60,800
2014 $1,860 $93,000 $6,400 $86,600
2013 $1,860 $93,000 $6,400 $86,600
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $47,000 --
Grant Deed $47,000 --
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22003650

MIBOR Broker Listing Cooperative®

APN: 80-11-11-506-035.001-002